TPC at a glance
TUTOR PERINI CORP (TPC, SEC CIK 77543) filed its latest 10-K annual report on February 26, 2026, a 10-Q quarterly report on August 5, 2026, an 8-K current report on August 14, 2026 and Form 4 insider filings as recently as September 2, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), TUTOR PERINI CORP (TPC) reported revenue of $5.5 billion (up 28.1% from FY2024) and net income of $80.4 million. Diluted EPS was $1.51.
- As of June 30, 2026, 31 institutional investment managers tracked by SignalX reported holding TUTOR PERINI CORP (TPC) shares worth $1.4 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by TUTOR RONALD N on August 31, 2026 of 1,500,000 shares at $85.57 per share.
- In the last 90 days, TPC insiders reported 0 open-market purchases ($0) and 9 open-market sales ($216.8M) on Form 4, a net sale of $216.8M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $5.5B
- +28.1% vs prior year
- Insiders · 90 days
- 0 buys · 9 sells
- Net −$216.8M
- 13F holders
- 31 funds
- $1.4B · −2 vs prior quarter
- Latest 8-K
- Aug 14, 2026
- Item 5.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: diversified general contracting, construction management, design-build services globally
- No new products, services, or segments introduced or emphasized this year
- Strategic positioning unchanged, continues focus on private customers and public agencies
- Employee count and R&D spend not disclosed; geographic presence in U.S. and territories
- Legacy dating to 1894 with formation via 2008 merger remains central to corporate identity
Risk Factors
- Legal risk from $101.6 million non-cash charge due to October 2024 adverse arbitration decision on legacy California Civil bridge project
- Geopolitical exposure includes $489.7 million (9%) 2025 revenue from international projects with risks like political instability and trade restrictions
- Supply chain vulnerability from performing extra work beyond initial contract scope causing disputes and significant cash flow constraints
- Competitive risk from shift to progressive design-build project delivery reducing margins and increasing competition in construction market
- Financial risk from $407.4 million total debt with restrictive covenants requiring two amendments due to leverage ratio compliance challenges
Management Discussion & Analysis
- Revenue $5.5B in 2025, up 28% YoY from $4.3B in 2024
- Operating margin 4.2% in 2025 ($232M income from operations on $5.5B revenue) vs loss margin in 2024 (-$103.8M); Civil segment best at 13.7% margin, Specialty Contractors worst at (0.9)% margin
- Civil revenue $2.85B (+34%), income from operations $390.9M vs $138.3M in 2024; Specialty Contractors revenue $844M (+43%), loss narrowed to $7.5M from $103.3M
- Operating cash flow record $748.1M in 2025; $121.9M Term Loan B debt prepaid; no dividend or buyback details disclosed
- Backlog $20.6B (+10%); strong future revenue visibility with $6B (29% backlog) expected in 2026; management expects continued favorable market with strong public funding and low competition for large projects
AI summary of the TPC 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Risk Factors
- No material risk-factor changes from December 31, 2025 Form 10-K
- Regulatory exposure: potential mine-operator status under the Mine Act despite owning no mines
- Capital-allocation risk: $170 million remaining under discretionary share-repurchase authorization
- Financing risk: repurchases depend on financing availability and borrowing costs
- Market risk: repurchases affected by stock price, economic conditions, and currency fluctuations
AI summary of the TPC 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 5.02: Departure/Appointment of Directors or Principal Officers
- William E. Jensen retiring as Executive Vice President–Civil West effective September 4, 2026
- Leadership transition in Tutor Perini’s Civil West operations
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 results cover the quarter ended June 30, 2026
- Press release issued August 5, 2026 and furnished as Exhibit 99.1
Item EX-99.1: Item EX-99.1
- Q2 revenue reached a record $1.6B, up 19% year over year, with growth across Civil, Building, and Specialty Contractors
- Construction operating income rose 54% to $117.7M, supported by higher-margin project execution and $27.5M lower share-based compensation expense
Item 1.01: Entry into a Material Definitive Agreement
- $400M of 6.625% senior notes due July 15, 2033, replacing higher-cost 11.875% notes due 2029
- Refinancing reduces stated coupon by 5.25 percentage points and extends maturity by approximately four years
Item 8.01: Other Events
- Tutor Perini redeemed all remaining 2029 Notes on July 2, 2026
- Redemption price: 108.906% of principal, or $1,089.06 per $1,000
AI summaries of TPC 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for TPC
Don't miss the next TPC filing
- Alerts as it files. A push when TPC files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut TPC, by share count.
- Ask anything. An AI agent that reads every TPC filing and answers with sources.
Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| TUTOR RONALD N | Sell | Aug 31, 2026 | 1,500,000 | $85.57 |
| TUTOR RONALD N | Sell | Aug 31, 2026 | 800,000 | $85.57 |
| TUTOR RONALD N | Sell | Aug 31, 2026 | 10,000 | $89.86 |
| REISS DALE ANNE | G | Aug 28, 2026 | 600 | - |
| REISS DALE ANNE | Sell | Aug 27, 2026 | 6,000 | $92.07 |
| REISS DALE ANNE | Sell | Aug 27, 2026 | 7,400 | $92.02 |
| FELTENSTEIN SIDNEY J | Sell | Aug 7, 2026 | 62,482 | $98.18 |
| FELTENSTEIN SIDNEY J | Sell | Aug 7, 2026 | 52,579 | $96.26 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $4.3B | $5.5B |
| Gross Profit | - | $197.0M | $647.5M |
| Operating Income | - | -$103.8M | $232.0M |
| Net Income | - | -$163.7M | $80.4M |
| Gross Margin | - | 4.6% | 11.7% |
| Op. Margin | - | -2.4% | 4.2% |
| Net Margin | - | -3.8% | 1.5% |
| Balance Sheet | |||
| Total Assets | $4.4B | $4.2B | $5.2B |
| Equity | $1.3B | $1.1B | $1.2B |
| ROE | - | -14.4% | 6.6% |
| Per Share | |||
| EPS | - | $-3.13 | $1.51 |
| Cash Flow | |||
| Operating CF | - | $503.5M | $748.1M |
| CapEx | - | $37.4M | $180.9M |
Source: XBRL data in TUTOR PERINI CORP (TPC)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate TPC share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 31 | $1.36B |
| Q1 2026 | 33 | $1.34B |
| Q4 2025 | 27 | $1.17B |
| Q3 2025 | 28 | $1.19B |
| Q2 2025 | 26 | $820.6M |
| Q1 2025 | 23 | $279.8M |
| Q4 2024 | 19 | $227.5M |
| Q3 2024 | 17 | $191.6M |
- Principal Financial Group+176.0K (+23%)
- FMR LLC (Fidelity)+104.0K (+17%)
- Vanguard Portfolio Management LLC+60.9K (+8%)
- State Street Corp+60.4K (+6%)
- D.E. Shaw & Co+56.9K (+163%)
- Goldman Sachs Group−302.2K (-57%)
- Two Sigma Investments−256.9K (-60%)
- Bank of America Corp−152.1K (-32%)
- JPMorgan Chase & Co−131.4K (-35%)
- Prudential Financial−125.1K (-33%)
- Mangrove Partners−3.4K
- Truist Financial−2.9K
Source: 13F-HR filings on SEC EDGAR (aggregated from 204 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
TPC filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 2, 2026 | - | - | - |
| 4 | Aug 28, 2026 | - | - | - |
| 8-K | Aug 14, 2026 | - | Analysis | - |
| 4 | Aug 11, 2026 | - | - | - |
| 10-Q | Aug 5, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 5, 2026 | - | Analysis | - |
| 8-K | Jul 6, 2026 | - | Analysis | - |
| 4 | Jun 23, 2026 | - | - | - |
| 4 | Jun 23, 2026 | - | - | - |
| 4 | Jun 23, 2026 | - | - | - |
| 8-K | Jun 22, 2026 | - | Analysis | - |
| 4 | Jun 18, 2026 | - | - | - |
| 4 | May 29, 2026 | - | - | |
| 8-K | May 26, 2026 | - | Analysis | |
| 4 | May 22, 2026 | - | - | |
| 4 | May 22, 2026 | - | - | |
| 4 | May 22, 2026 | - | - | |
| 4 | May 22, 2026 | - | - | |
| 4 | May 22, 2026 | - | - | |
| 4 | May 22, 2026 | - | - | |
| 4 | May 22, 2026 | - | - | |
| 4 | May 22, 2026 | - | - | |
| 4 | May 22, 2026 | - | - | |
| 4 | May 22, 2026 | - | - | |
| 4 | May 22, 2026 | - | - |
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TPC SEC filings: frequently asked questions
Are TPC insiders buying or selling?
In the last 90 days, TUTOR PERINI CORP (TPC) officers, directors and 10% owners reported no open-market purchases and 9 open-market sales worth $216.8 million by 3 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold TPC stock?
As of June 30, 2026, the largest TUTOR PERINI CORP (TPC) holders among the 13F filers tracked by SignalX were BlackRock ($358.2 million), Vanguard Capital Management LLC ($164.0 million), Dimensional Fund Advisors ($139.8 million), State Street Corp ($89.5 million), Principal Financial Group ($78.8 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was TPC's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), TUTOR PERINI CORP (TPC) reported revenue of $5.5 billion (up 28.1% from FY2024) and net income of $80.4 million. Diluted EPS was $1.51. The figures come from the XBRL data in the 10-K.
What are the main risks in TPC's latest 10-K?
In the 10-K filed February 26, 2026, TUTOR PERINI CORP (TPC) flagged: Legal risk from $101.6 million non-cash charge due to October 2024 adverse arbitration decision on legacy California Civil bridge project. Geopolitical exposure includes $489.7 million (9%) 2025 revenue from international projects with risks like political instability and trade restrictions. (AI summary of the Risk Factors section.)
What did TPC report in its latest 8-K?
TUTOR PERINI CORP (TPC) filed an 8-K on August 14, 2026 reporting Item 5.02 (Departure/Appointment of Directors or Principal Officers). William E. Jensen retiring as Executive Vice President–Civil West effective September 4, 2026.
What are the latest TPC SEC filings?
TUTOR PERINI CORP (TPC) filed its latest 10-K annual report on February 26, 2026, a 10-Q quarterly report on August 5, 2026, an 8-K current report on August 14, 2026 and a Form 4 insider filing on September 2, 2026.
What is TPC's SEC CIK number?
TUTOR PERINI CORP (TPC)'s SEC Central Index Key (CIK) is 77543. EDGAR lists every TPC filing under that number.
Ask anything about TPC
The research agent reads TPC's filings, financials, insider trades and 13F holders, then answers with sources.